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Cairn crude reaches NMPT


Mangalore, Oct. 8

The first batch of crude from the Rajasthan fields of Cairn India and ONGC (Oil and Natural Gas Corporation) reached New Mangalore Port on Thursday for processing at the refinery of the Mangalore Refinery and Petrochemicals Ltd (MRPL). Mr U.K. Basu, Managing Director of MRPL, told Business Line that the crude from Rajasthan oil fields has already reached New Mangalore Port and unloading will begin soon.

Asked when the company will start processing the crude, he said: "Normally we process the crude within seven days from its arrival." To a query on the price of the crude, Mr Basu said the price will be much lower than the bonny light crude. Sources in NMPT said that the ship, m.t. Cougar, carrying around 29,000 tonnes of crude oil from Kandla port berthed at New Mangalore Port at 2.40 p.m. on Thursday. Crude oil was shifted from Mangala oil field in Rajasthan to Kandla port, through trucks. From there, the oil tanker sailed to New Mangalore Port. - Our Bureau

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